MetroPCS Offers the BlackBerry Curve 8530 with $60 Unlimited Talk, Text, Web and Data Service Plan

July 24, 2010 By Leave a Comment

DALLAS, July 23 /PRNewswire-FirstCall/ — Continuing its commitment to deliver affordable wireless service for all consumers, MetroPCS Communications Inc. (NYSE: PCS) now offers the BlackBerry® Curve™ 8530 smartphone from Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM). MetroPCS has the BlackBerry Curve 8530 with unlimited talk, text, Web and data service, Wi-Fi® connectivity, e-mail, and turn-by-turn GPS navigation for just $60 per month including all applicable taxes and regulatory fees – nearly half of what consumers would pay today for comparable smartphone service plans at other carriers.

(Logo: http://photos.prnewswire.com/prnh/20100714/DA34639LOGO-b)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100714/DA34639LOGO-b)

MetroPCS’ $60 BlackBerry service plan delivers exceptional value and all of the smartphone features that consumers care about most, including:

* Messaging capabilities through popular IM services and BlackBerry® Messenger, as well as social media networks
* Access to the latest content such as games, ringtones and wallpapers through the @Metro App Store and BlackBerry App World™
* Applications only available through MetroPCS include Metro Navigator, Metro Back-up, Premium Directory Assistance and Metro Banking
* Full-QWERTY keyboard and optical trackpad
* 2 MP digital camera with zoom and video recording
* Media player for enjoying pictures, music and videos, plus dedicated media keys integrated along the top of the handset

“The BlackBerry Curve 8530 from MetroPCS delivers the advanced features associated with a premium BlackBerry device and gives consumers no annual contract wireless service with unlimited talk, text, Web and data, as well as Wi-Fi connectivity, at an unmatched price,” said Tom Keys, chief operating officer of MetroPCS. “This is yet another smartphone addition to our portfolio` and allows us to offer more choice and value to consumers so they will be able to experience the rich range of multimedia and messaging services.”

With MetroPCS Wireless For All(SM) service plans, the days of having to worry about “bill shock” and unpredictable monthly bills are a thing of the past. Never before has it been easier for consumers to take advantage of the latest devices coupled with the affordable services and range of add-on features and applications that match their lifestyles or habits.

For more information about the BlackBerry Curve 8530 visit www.metropcs.com/blackberry or for MetroPCS’ expanding portfolio of phones, visit www.metropcs.com/shop/phonelist.aspx.

For more details on Wireless For All(SM) service plan options and pricing, please visit www.metropcs.com/plans.

For downloadable images and embeddable video, visit http://pitch.pe/76998.

About MetroPCS Communications, Inc.

Dallas-based MetroPCS Communications, Inc. (NYSE: PCS) is a provider of unlimited wireless communications service for a flat-rate with no annual contract. MetroPCS is the fifth largest facilities-based wireless carrier in the United States based on number of subscribers served and has access to licenses covering a population of approximately 146 million people in many of the largest metropolitan areas in the United States. As of March 31, 2010, MetroPCS had over 7.3 million subscribers. For more information please visit www.metropcs.com.

MetroPCS related brands, product names, company names, trademarks, service marks, images, symbols, copyrighted material, and other intellectual property are the exclusive properties of MetroPCS Wireless, Inc. and its subsidiaries, parent companies, and affiliates. Copyright ©2010 MetroPCS Wireless, Inc. All rights reserved.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM assumes no obligations or liability and makes no representation, warranty, endorsement or guarantee in relation to any aspect of any third party products or services.

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BP says “hopeful” well can stay shut indefinitely

July 19, 2010 By Leave a Comment

(Reuters) – BP Plc is “hopeful” that its blown-out well in the Gulf of Mexico can remain sealed until a pair of relief wells permanently stop the flow, a company executive said on Sunday.

BP is more than two days into a pressure test on its crippled Macondo well, which had been described as a temporary measure to stop oil from gushing into the Gulf while engineers study pressure within the well.

Now, BP officials say they want to keep the well sealed in until they finish a pair of relief wells that are eventually meant to permanently seal the well, or “kill” it, with heavy mud and cement. BP says the relief wells will likely be complete by mid-August.

“We’re hopeful that if the encouraging signs continue that we’ll be able to continue the integrity test all the way to the point that we get the well killed,” Doug Suttles, BP’s chief operating officer, told reporters on a conference call.

“Right now there is no target set to open the well back up to flow,” Suttles said. “Clearly we don’t want to re-initiate flow into the Gulf if we don’t have to.”

The U.S. government has yet to approve BP’s plan. On Saturday, the top U.S. oil spill official said the pressure test was temporary and meant to clarify options for sealing off the well in the event of a hurricane.

After completing the test, BP would open valves on the containment cap to allow oil to temporarily flow into the sea while it repositioned vessels on the surface which would siphon up the oil, retired Coast Guard Admiral Thad Allen said in a statement on Saturday.

(Editing by Doina Chiacu)

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BP says ‘hopeful’ well can stay shut indefinitely

July 19, 2010 By Leave a Comment

HOUSTON, July 18 (Reuters) – BP Plc (BP.L) (BP.N) is “hopeful” that its blown-out well in the Gulf of Mexico can remain sealed until a pair of relief wells permanently stop the flow, a company executive said on Sunday.

BP is more than two days into a pressure test on its crippled Macondo well, which had been described as a temporary measure to stop oil from gushing into the Gulf while engineers study pressure within the well.

Now, BP officials say they want to keep the well sealed in until they finish a pair of relief wells that are eventually meant to permanently seal the well, or “kill” it, with heavy mud and cement. BP says the relief wells will likely be complete by mid-August.

“We’re hopeful that if the encouraging signs continue that we’ll be able to continue the integrity test all the way to the point that we get the well killed,” Doug Suttles, BP’s chief operating officer, told reporters on a conference call.

“Right now there is no target set to open the well back up to flow,” Suttles said. “Clearly we don’t want to re-initiate flow into the Gulf if we don’t have to.”

The U.S. government has yet to approve BP’s plan. On Saturday, the top U.S. oil spill official said the pressure test was temporary and meant to clarify options for sealing off the well in the event of a hurricane.

After completing the test, BP would open valves on the containment cap to allow oil to temporarily flow into the sea while it repositioned vessels on the surface which would siphon up the oil, retired Coast Guard Admiral Thad Allen said in a statement on Saturday.

(Editing by Doina Chiacu)

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UPDATE 1-BP says ‘hopeful’ well can stay shut indefinitely

July 19, 2010 By Leave a Comment

HOUSTON, July 18 (Reuters) – BP Plc (BP.L) (BP.N) is “hopeful” that its blown-out well in the Gulf of Mexico can remain sealed until a pair of relief wells permanently stop the flow, a company executive said on Sunday.

BP is more than two days into a pressure test on its crippled Macondo well, which had been described as a temporary measure to stop oil from gushing into the Gulf while engineers study pressure within the well.

Now, BP officials say they want to keep the well sealed in until they finish a pair of relief wells that are eventually meant to permanently seal the well, or “kill” it, with heavy mud and cement. BP says the relief wells will likely be complete by mid-August.

“We’re hopeful that if the encouraging signs continue that we’ll be able to continue the integrity test all the way to the point that we get the well killed,” Doug Suttles, BP’s chief operating officer, told reporters on a conference call.

“Right now there is no target set to open the well back up to flow,” Suttles said. “Clearly we don’t want to re-initiate flow into the Gulf if we don’t have to.”

The U.S. government has yet to approve BP’s plan. On Saturday, the top U.S. oil spill official said the pressure test was temporary and meant to clarify options for sealing off the well in the event of a hurricane.

After completing the test, BP would open valves on the containment cap to allow oil to temporarily flow into the sea while it repositioned vessels on the surface which would siphon up the oil, retired Coast Guard Admiral Thad Allen said in a statement on Saturday.

(Editing by Doina Chiacu)

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BP says ‘hopeful’ well can stay shut indefinitely

July 19, 2010 By Leave a Comment

July 18 (Reuters) – BP Plc (BP.L) (BP.N) is “hopeful” that its blown-out Macondo well in the Gulf of Mexico can remain sealed until a pair of relief wells can permanently stop the flow, a company executive said on Sunday.

“Clearly we don’t want to re-initiate flow into the Gulf if we don’t have to,” said Doug Suttles, BP’s chief operating officer, speaking with reporters on a conference call.

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UPDATE 1-Nissan says Hitachi delay may hit US, Mexico output

July 14, 2010 By Leave a Comment

YOKOHAMA, Japan, July 13 (Reuters) – Nissan Motor Co (7201.T) said on Tuesday a delay in the supply of electronic control units from Hitachi Ltd (6501.T) that is disrupting production in Japan could also affect its U.S. and Mexico factories.

Japan’s No.3 automaker said on Monday it would halt part of its domestic production for three days starting Wednesday after Hitachi said delivery of engine control units was running behind schedule. Production would return to normal next week, it said.

“We’re working around the clock to try and minimise any inconvenience to our customers,” Chief Operating Officer Toshiyuki Shiga said at the launch of the fourth-generation March in Japan.

“For now, we’re still gauging when and whether we would need to halt production in the United States.”

Shiga said the Hitachi-made component was used in most Nissan vehicles, but any impact would likely be at plants in Smyrna, Tennessee, and Mexico.

“If there is any impact it would first be on big-volume models like the Altima or Sentra (sedans),” he added.

Nissan’s shares ended down 1.5 percent at 645 yen on Tuesday, while the TOPIX index of first-section shares lost 0.4 percent. (Reporting by Chang-Ran Kim and Kentaro Sugiyama; Editing by Michael Watson)

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HIGHLIGHTS-Infosys executive on demand, Europe crisis

July 14, 2010 By Leave a Comment

July 13 (Reuters) – Infosys Technologies (INFY.BO) raised its forecast on a revival in outsourcing demand from its mainstay financial clients, but its shares fell as markets worried a weak European economy could curb orders.

India’s No. 2 outsourcer reported a surprise 2.6 percent drop in April-June profit and its sales contribution from Europe fell to about 20 percent from nearly 25 percent a year ago and 23 percent in January-March.

For a story on the company’s results and outlook, see [ID:nSGE6680B5]

Following are comments from senior company officials after the result.

V. BALAKRISHNAN, CHIEF FINANCIAL OFFICER

—————————————-

ON DEMAND ENVIRONMENT:

“There are good times and bad times. Good times because there is a lot of spending happening from all customers. All the large economies are in distress; when the economies are in distress outsourcing increases. That is what we have seen in this quarter also. The bad thing is all the macro economic indicators are very bad so we have to closely watch them.”

ON EUROPE:

“We are not hearing anything from clients till now. We are not seeing any impact on the ground but that is something we have to watch out. If it becomes a larger issue then it could have an impact. Right now, it looks manageable.”

ON PRICING:

“When the economy stabilises, when all the clouds go away probably we will have pricing power.”

S.D. SHIBULAL, CHIEF OPERATING OFFICER

—————————————

ON DEMAND:

“Overall, we are cautiously optimistic. We see caution all around but mostly in Europe. The U.S. clients have started spending. We are seeing traction in multiple segments.”

ON EUROPE:

“Europe, there are still concerns, local concerns as well as tail effects of the previous recession. Of course, Europe entered the recession late and we believe it will also come out late. “We believe that Europe will lag behind the U.S. for may be another quarter or two.

“Aspirationally, Europe is very important for us. We expect that Europe will be eventually about one-third of business in the long run. At the same time, we expect some challenges in the medium term.”

ON PRICING:

“Our pricing is stable at this point. We are seeing occasional renegotiations actually both upwards and downwards. It’s part of our regular business. We are not seeing any unusual activity.” (Reporting by Bharghavi Nagaraju; Editing by Ranjit Gangadharan)

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Cantos Extends Distribution of Online Video Initiatives to Mobile Devices with Brightcove

July 14, 2010 By Leave a Comment

Desire for video on the move prompts Cantos iPhone app launch
LONDON & CAMBRIDGE, Mass.–(Business Wire)–
Brightcove, the leading online video platform, and Cantos, the market leader in
online investor communications, today announced the launch of the Cantos iPhone
app, developed using Brightcove`s App Software Development Kit (SDK) for iOS.
The new app provides users with high quality, in-depth video interviews with
leading CEOs and financial industry commentators that they can watch at their
convenience. This initiative builds on the existing partnership between
Brightcove and Cantos to bring online video – content and platforms – to the
business world.

“The Cantos app now allows the viewers of our popular financial news and
information to access it on the go, as well as save to their phone and forward
to colleagues,” said Charlie Cannell, Cantos CEO. “It also helps expand the
reach of our video content to new markets and audiences.”

Cantos` new iPhone app was created in response to research conducted by Cantos
that examined the information consumption habits of their audience and found
that users were increasingly inclined to watch video content from their mobile
device.

Cantos leveraged the Brightcove App SDK for iOS to create an app that lets users
watch business videos directly on their iPhone, save and download videos to be
watched at a later date, and share video content with third parties via the
app`s email function. The Brightcove-powered app features video interviews with
CEOs of leading UK and international companies, daily technical analysis from
respected charting experts and monthly global financial forecasts.

“Cantos understands that people want financial news content to be available on
the go, on any device, anywhere in the world,” said David Mendels, Brightcove
president and chief operating officer. “Brightcove makes it easy to do this with
our mobile SDKs that help organizations like Cantos quickly build and deliver a
powerful, fan-friendly app. It`s great to see Cantos accelerate time-to-market
for its new iPhone app and we look forward to helping the company roll out
additional mobile apps in the months ahead.”

In the future, Cantos plans to take advantage of Brightcove`s comprehensive
mobile video solutions to expand its video offerings to new platforms, including
Research in Motion BlackBerry and Google Android. Cantos also plans to introduce
new features for its mobile apps, including the ability for end-users to set
preferences and notifications around new content, as well as obtain transcripts
of video interviews, all within the app.

About Brightcove

Brightcove is a cloud-based online video platform. Media companies, businesses
and organizations worldwide use Brightcove to publish and distribute video on
the Web. Founded in 2004, Brightcove has offices across North America, Europe
and Asia and customers in 45 countries. For more information, visit

http://www.brightcove.com.

About Cantos

Cantos is an online video communications specialist producing video interviews
with CEOs of leading UK and international companies, daily technical analysis
from respected charting experts and monthly global financial forecasts. For more
information, visit http://www.cantos.com

North America
SutherlandGold Group for Brightcove
Erika Shaffer, 206-972-5514
erika@sutherlandgold.com
or
Europe
AxiCom for Brightcove
Sheena Riviera , +44 20 8392 4064
sheena.riviera@axicom.com
or
For Cantos Communications
Joakim Jonsson, +44 20 7936 1370
joakim.jonsson@cantos.com

Copyright Business Wire 2010

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UPDATE 1-Immunodiagnostic profit rises; CEO to step down

July 13, 2010 By Leave a Comment

July 12 (Reuters) – Britain’s Immunodiagnostic Systems Holdings (IDH.L) more than doubled its full-year pretax profit, helped by demand for its Vitamin D testing kits, and said Chief Executive Roger Duggan would step down in October.

The diagnostic testing kits maker, which recently got regulatory approval for its automated immunoanalyser IDS-iSYS and Vitamin D immunoassay, raised total dividend by 21 percent to 2 pence.

Immunodiagnostic also named Chief Operating Officer Ian Cookson as its new CEO.

Revenue for the first three months of the new year rose to 11.5 million pounds ($17.3 million) from 8.5 million pounds a year ago, Immunodiagnostic said.

“The increased market acceptance of the IDS-iSYS with its expanding menu will continue and bodes well for the future,” the company said in a statement.

For the year to end-March, the company reported a pretax profit of 11 million pounds, compared with 4.8 million pounds a year ago.

Revenue rose 49 percent to 37.2 million pounds.

Analysts on average had expected Immunodiagnostic to post a pretax profit of 10.8 million pounds on revenue of 37.1 million pounds, according to Thomson Reuters I/B/E/S.

Shares of the company closed at 745 pence on Friday on the London Stock Exchange. ($1=.6640 Pound) (Reporting by Aditi Samajpati in Bangalore; Editing by Roshni Menon)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Tata Steel says Corus chief to step down from Oct 1

June 29, 2010 By Leave a Comment

June 27 (Reuters) – The head of Tata Steel’s (TISC.BO) European unit Corus is to step down later this year, the company said on Sunday.

Basic Materials

It said Kirby Adams, managing director and chief executive of Corus, Europe’s second largest steel producer, will step down from Oct 1, 2010 and will be replaced by Karl-Ulrich Kohler, currently chief operating officer at the subsidiary and a former head of Germany’s ThyssenKrupp Steel (TKAG.DE).

Adams “has decided to step down from his executive roles and return to Australia, having successfully initiated a restructuring of the company and restored profitability,” the world’s eighth biggest steelmaker said in a statement.

Adams will remain available to Tata Steel in an advisory capacity, it added.

Tata Steel’s European operations account for two thirds its global capacity of about 30 million tonnes, while the booming Indian operations contribute a quarter. Tata Steel also has units in Thailand and Singapore. (Reporting by Aniruddha Basu; Editing by Greg Mahlich)

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Morpol ASA: Received applications exceeding the minimum of 50 million shares

June 25, 2010 By Leave a Comment

Oslo, 24 June 2010: Morpol ASA (“Morpol” or the “Company” – OSE: MORPOL),

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA, AUSTRALIA, HONG KONG OR JAPAN OR ANY OTHER JURISDICTION IN WHICH
THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE
APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THE STOCK EXCHANGE
NOTICE.

The Company has been informed by the Joint Lead Managers that the book is exceeding the
minimum targeted offer size of 50 million shares. Consequently, the Book-building Period
for the Institutional Offering is expected to close on 25 June 2010 at 17:30 hours (CET)
and the Retail Application Period for the Retail Offering is expected to close on 25
June 2010 at 12:00 hours (CET) as originally planned.

For further information about the Global Offering, please refer to the Prospectus dated
15 June 2010.

About Morpol
The Morpol Group is engaged in salmon processing as well as sale and distribution of
finished salmon products. The Morpol Group’s main products are: cold and hot smoked
salmon, gravadlax, fresh salmon fillets, frozen salmonportions, organic salmon, wild
salmon and salmon specialties. The Morpol Group had revenue of approximately EUR 340
million in 2009.

Founded in 1996 in Ustka on the Baltic coast of Poland, the company employs over 3,000
people in eight countries. Morpol Group is the world leader in smoked salmon. The
company has achieved its world leading position through the efficiency of processing
activities, a constant focus on product quality and service provided to retail and food
service customers. Morpol serves customers across Europe, in Japan and the United States
by offering value for money.
www.morpol.com http://www.morpol.com/

For further information, please contact:

Steven Rafferty, Chief Financial Officer, phone +47 97 66 41 04

John-Paul McGinley, Chief Operating Officer, phone +48 507 030 019

Important Notice

The contents of this announcement have been prepared by and are the sole responsibility
of the Company. The Joint Lead Managers and Joint Bookrunners are acting exclusively for
the Company and no one else, and will not be responsible to anyone other than the
Company for providing the protections afforded to their respective clients, or for
advice in relation to the contemplated offering, the contents of this announcement or
any of the matters referred to herein.

The offering and the distribution of this announcement and other information in
connection with the offering may be restricted by law in certain jurisdictions.The
Company assumes no responsibility in the event there is a violation by any person of
such restrictions. Persons into whose possession this announcement or such other
information should come are required to inform themselves about and to observe any such
restrictions. This announcement may not be used for, or in connection with, and does not
constitute, any offer of securities for sale in the United States or in any other
jurisdiction. The offering will not be made in any jurisdiction or in any circumstances
in which such offer or solicitation would be unlawful.

This announcement is not for distribution, directly or indirectly in or into any
jurisdiction in which it is unlawful to make any such offer or solicitation to such
person or where prior registration or approval is required for that purpose. No steps
have been taken or will be taken relating to the offering in any jurisdiction outside of
Norway in which such steps would be required. Neither the publication and/or delivery of
this announcement shall under any circumstances imply that there has been no change in
the affairs of the Company or that the information contained herein is correct as of any
date subsequent to the earlier of the date hereof and any earlier specified date with
respect to such information.

Securities may not be offered or sold in the United States absent registration or an
exemption from registration. The offer shares offered in the offering have not been and
will not be registered under the United States Securities Act of 1933, as amended (the
“US Securities Act”) or with any securities regulatory authority of any state or other
jurisdiction of the United States, and may not be offered or sold within the United
States, except in transactions exempt from registration under the US Securities Act, or
in any other jurisdiction in which it would not be permissible to offer or sell such
offer shares. All offers and sales outside the United States will be made in reliance on
Regulation S under the US Securities Act.

This document does not constitute an offering circular or prospectus in connection with
an offering of securities of the Company. Investors must neither accept any offer for,
nor acquire, any securities to which this document refers, unless they do so on the
basis of the information contained in the prospectus to be published by the Company.
This document does not constitute an offer to sell, or the solicitation of an offer to
buy or subscribe for, any securities and cannot be relied on for any investment contract
or decision.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)

HUG#1426863

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Hollywood faces new piracy threat

June 23, 2010 By Leave a Comment

AMSTERDAM (Hollywood Reporter) – Movie fans downloading free pirated films are no longer Hollywood’s worst nightmare, but that’s only because of a newer menace: cheap, and equally illegal, subscription services.

Entertainment | Film

Foreign, often mob-run, businesses aggregate illegally obtained movies into “cyberlockers” similar to Internet storage sites used by individual consumers to squirrel away pirated video. But the for-profit version of this phenomenon has spawned an array of sophisticated and seemingly reputable sites selling unlimited digital movie files for as little as $5 a month.

“Cyberlockers now represent the preferred method by which consumers are enjoying pirated content,” Paramount Pictures chief operating officer Fred Huntsberry said Monday.

Huntsberry detailed the evolution of professional piracy methods for hundreds of European movie theater operators attending an opening-day seminar here at the four-day Cinema Expo.

Commonly, Hollywood movies are made available via illegal for-profit sites within days of theatrical release, while the advent of global releasing now allows the proliferation of individual titles into an array of language dubs within the first month of a theatrical debut, he noted. When movies are released on DVD and Blu-ray Disc, the sites upgrade the quality of video offered from camcorded images to pristine digital copies.

Cyberlocker-based businesses operate from Russia, Ukraine, Colombia, Germany, Switzerland and elsewhere, with several selling digital ads to mainstream, often-unwitting advertisers such as Kentucky Fried Chicken and even Netflix.

“Sometimes these sites look better than the legitimate sites,” Huntsberry said. “That’s the irony.”

Advertising agencies often place digital ads on behalf of companies, which order the banners pulled when notified by studio reps, he added.

Consumers increasingly are streaming pirated digital video directly onto living room TVs, the Paramount exec noted. But the public needs to know that with such pirated convenience comes the risk of having credit card information ripped off, and problems with spyware contamination are even more common.

On a grander scale, the motion picture industry is combating the situation with country-by-country campaigns for tougher laws against video piracy. But the effort has a long way to go.

“In the U.K., we are hamstrung by the fact that we have very weak legislation,” Cinema Exhibitors Assn. chief Phil Clapp said.

However, the U.K. in April adopted the Digital Economy Act that mandates a so-called graduate response to cybertheft, similar to a plan used in France and elsewhere.

Consumers caught downloading pirated material receive an e-mail alert followed by formal letters, and repeat offenders can lose Internet access for a period of time. But France remains one of the only European countries with an anti-camcording law.

Elsewhere among first-day activities at the exhibition confab, Paramount offered a showreel of its movie slate featuring video remarks by directors M. Night Shyamalan, J.J. Abrams, Jay Roach and Michael Bay.

Among the lengthy clips was a 15-minute segment on Shyamalan’s “The Last Airbender,” the 3D family adventure fantasy adapted from Nickelodeon’s “Avatar: The Last Airbender.”

The filmmaker said the series has spawned a “cult following” among young boys, who don fake tattoos and dress just like their Airbender hero.

“That’s how I found out about it,” Shyamalan said. “My kid wanted to dress up like one of the characters for Halloween.”

Set to unspool July 1 in the U.S., “Airbender” is scheduled for late July in most foreign territories to avoid overlapping with the World Cup.

Roach’s “Dinner for Schmucks,” starring Paul Rudd and Steve Carell, was featured in another extended segment. And a clip from comedy doc “Jackass 3-D” came with a warning from Cripps for the squeamish of heart.

“If you’re offended by male nudity in 3D, close your eyes,” he said.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Northland Resources S.A.: William S Wagener retires as EVP Finland

June 17, 2010 By Leave a Comment

June 16, 2010 Northland Resources S.A. (“Northland” or “the Company”) advises that
William S. Wagener has expressed his wish to retire from the Company to return to North
America and will leave his position as Executive Vice President, Finland, for Northland.
Mr. Wagener will remain with the Company through the end of July to ensure a smooth
transition of his duties and responsibilities.

“We are going to miss Bill in the Management Team as well as in the Company as a whole.
Northland has many achievements that are the result of Bill’s vision and leadership
skills”, said Northland’s President and CEO, Karl-Axel Waplan.

“We wish Bill and his wife Patty all the best in the years to come in their retirement
and return to North America”, Mr. Waplan continued.

William S. Wagener joined Northland in August 2005 as the Business Manager. He has
served the Company in a number of different roles including Chief Financial Officer,
Chief Operating Officer and since October 2009, Executive Vice President Finland.

For more information please contact:

Karl-Axel Waplan, President and CEO: +46 705 104 239

Anders Hvide, Executive Chairman: +47 92 88 98 58

Patrick Foster, Director Finance: +44 77 101 236 03

Jonas Lundström, VP of Human Resources and Corporate Communication +46 705 493 338

Marguerite Manshreck-Head, Investor Relations, Canada: +1 647 224 7882

Or visit our website at: www.northland.eu http://www.northland.eu/

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

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MOVES-M.Stanley hires UBS banker for Asia listed derivatives

June 12, 2010 By Leave a Comment

June 11 (Reuters) – Morgan Stanley (MS.N) has hired a banker from UBS (UBSN.VX) to oversee the marketing of listed derivatives in Asia, sources told Reuters, as the U.S. bank seeks to boost its share in the listed futures business.

Financials

Chris Chong has been hired as an executive director responsible for marketing listed derivatives in Asia, one of the sources, who was aware of the move, told Reuters.

His role will be to coordinate the listed derivatives marketing strategy with the prime brokerage division, which serves hedge funds, Morgan Stanley electronic trading and the traditional trading floor, sources said.

Chong was previously chief operating officer for UBS Futures in Singapore. UBS confirmed his departure.

Morgan Stanley was not available for comment.

Last year Morgan Stanley had hired Clark Hutchison and Bill Templer, who were co-heads of exchange-traded derivatives at UBS.[nBNG380841]

(Reporting by Saeed Azhar in SINGAPORE and Mia Shanley in STOCKHOLM)

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Portico Systems to Present at AHIP`s Institute 2010, Las Vegas

June 11, 2010 By Leave a Comment

Utilizing Provider Intelligence for Reform Success
LAS VEGAS–(Business Wire)–
Eric Consolazio, former CIO, CIGNA Healthcare, President, ERIXXCOR, Inc. and Sam
Muppalla, Chief Operating Officer, Portico Systems, the leader in Integrated
Provider Management solutions, will present “Provider Intelligence: The Next
Generation Platform for Smart Networks and Value-Based Engagement” at AHIP`s
Institute 2010 event in Las Vegas on Friday, June 11 at 7:30 a.m. PDT.

SESSION ABSTRACT:

Healthcare reform represents a paradigm shift in the landscape of the healthcare
industry. This new era of reform brings many unknowns and variables, however one
aspect of reform is certain – it will impact the way payers design, build,
manage and reimburse their provider networks.

This session will detail how a health plan can strategically align itself to
utilize provider analytics to respond to the demands of reform. Only through the
utilization of actionable provider intelligence in a fluid marketplace can
health plans position themselves for reform success.

WHO:

* Eric Consolazio, Former CIO, CIGNA Healthcare, President, ERIXXCOR, Inc.
* Sam Muppalla, Chief Operating Officer, Portico Systems

WHAT: Networking Breakfast Presentation: “Provider Intelligence: The Next
Generation Platform for Smart Networks and Value-Based Engagement”

WHEN: Friday, June 11, 2010, 7:30 a.m. PDT

WHERE: Caesars Palace, Neopolitan II and III

About Portico Systems

Portico Systems` innovative solutions enable health plans to reduce
administrative, medical and IT costs. Portico`s exclusive focus on provider
operations and 500+ staff-years of provider experience has allowed Portico to
design the only modular end-to-end provider platform. Portico invites you to
explore our website (www.porticosys.com) to learn how our commitment to customer
service, quality and technology innovation can accelerate the evolution of your
health plan`s provider operations. Read our blog, Portico Pulse, at
http://blog.porticosys.com. Portico Systems is a partner company of Safeguard
Scientifics, Inc. (NYSE: SFE) www.safeguard.com

Media Contact for Portico Systems:
Corporate Ink
George Robertson
617-969-9192
grobertson@corporateink.com
or
Corporate Contact:
Portico Systems
Allison Lattanze
Director of Marketing Communications
215-358-3726
alattanze@porticosys.com
or
Business Development Contact:
Portico Systems
Jim Mayhall
Vice President of Business Development
215-358-3731
jmayhall@porticosys.com

Copyright Business Wire 2010

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Portico Systems to Present at AHIP`s Institute 2010, Las Vegas

June 11, 2010 By Leave a Comment

Utilizing Provider Intelligence for Reform Success
LAS VEGAS–(Business Wire)–
Eric Consolazio, former CIO, CIGNA Healthcare, President, ERIXXCOR, Inc. and Sam
Muppalla, Chief Operating Officer, Portico Systems, the leader in Integrated
Provider Management solutions, will present “Provider Intelligence: The Next
Generation Platform for Smart Networks and Value-Based Engagement” at AHIP`s
Institute 2010 event in Las Vegas on Friday, June 11 at 7:30 a.m. PDT.

SESSION ABSTRACT:

Healthcare reform represents a paradigm shift in the landscape of the healthcare
industry. This new era of reform brings many unknowns and variables, however one
aspect of reform is certain – it will impact the way payers design, build,
manage and reimburse their provider networks.

This session will detail how a health plan can strategically align itself to
utilize provider analytics to respond to the demands of reform. Only through the
utilization of actionable provider intelligence in a fluid marketplace can
health plans position themselves for reform success.

WHO:

* Eric Consolazio, Former CIO, CIGNA Healthcare, President, ERIXXCOR, Inc.
* Sam Muppalla, Chief Operating Officer, Portico Systems

WHAT: Networking Breakfast Presentation: “Provider Intelligence: The Next
Generation Platform for Smart Networks and Value-Based Engagement”

WHEN: Friday, June 11, 2010, 7:30 a.m. PDT

WHERE: Caesars Palace, Neopolitan II and III

About Portico Systems

Portico Systems` innovative solutions enable health plans to reduce
administrative, medical and IT costs. Portico`s exclusive focus on provider
operations and 500+ staff-years of provider experience has allowed Portico to
design the only modular end-to-end provider platform. Portico invites you to
explore our website (www.porticosys.com) to learn how our commitment to customer
service, quality and technology innovation can accelerate the evolution of your
health plan`s provider operations. Read our blog, Portico Pulse, at
http://blog.porticosys.com. Portico Systems is a partner company of Safeguard
Scientifics, Inc. (NYSE: SFE) www.safeguard.com

Media Contact for Portico Systems:
Corporate Ink
George Robertson
617-969-9192
grobertson@corporateink.com
or
Corporate Contact:
Portico Systems
Allison Lattanze
Director of Marketing Communications
215-358-3726
alattanze@porticosys.com
or
Business Development Contact:
Portico Systems
Jim Mayhall
Vice President of Business Development
215-358-3731
jmayhall@porticosys.com

Copyright Business Wire 2010

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

UPDATE 1-Wynn Macau says pace of H2 gambling revs to slow

June 11, 2010 By Leave a Comment

MACAU, June 10 (Reuters) – Gambling revenue growth in Macau could slow in the second half of the year, a senior executive of Wynn Macau (1128.HK) said on Thursday, as spending moderates after a boom in the second half of 2009 when China was in the midst of a massive economic stimulus plan.

Still, the former Portuguese enclave is likely to beat a forecast for 30 percent growth in gambling revenues this year by Macau’s top gambling regulator, Wynn Macau Chief Operating Officer Linda Chen told reporters at an event in Macau. [ID:nTOE65802D].

“The government said it will grow 30 percent for this year. I think that’s a conservative view,” she said.

“For the second half of 2009, we had already seen a comeback in the market,” Chen said. “So … the pace of the second half of the year won’t be as strong.”

Chen said she expects the VIP market to grow at a faster rate than the mass market segment, contrary to comments from rival SJM Holdings (0880.HK), which said gambling revenue growth from the lucrative high-roller segment is likely to slow in the second half, as wealthy Chinese take a hit from a weak stock market and tight monetary policies. [ID:nTOE659053].

Chen said she did not think these factors could affect VIP gambling revenues in the second half.

Gambling revenues in Macau, the world’s largest and fastest-growing gambling market, surged almost 95 percent in May to a record 17 billion patacas ($2.1 billion), analysts said, citing Portuguese news agency Lusa. That followed a 70 percent year-on-year jump in April, when revenue rose to a previous record 14.1 billion patacas ($1.76 billion).

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

For a related graphic, please click:

here

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Gambling revenues in Macau, the only region in China where casino gambling is legal, had set previous records in August and October last year, as strong economic growth in China spurred mainland Chinese tourists to gamble in the enclave.

COTAI RESORT

Wynn Macau, run by U.S. gambling tycoon Steve Wynn, could break ground on a mega casino resort on Macau’s Cotai Strip next year, Wynn told reporters, adding that the project could have 1,200 to 1,300 slot machines and be ready by 2014.

Wynn said he will be “splitting the headquarters” of Wynn Resorts (WYNN.O) between Las Vegas and Macau.

“That involves increasing our presence in Macau,” he said. “My board of directors agrees and are enthusiastic about it.”

Wynn said in an interview with Reuters in April that he may move his company’s headquarters to Macau as it embarks on a major expansion there, in a nod to the rise of the former Portuguese enclave as the world’s new gambling capital. [ID:nTOE63K03Y]

Wynn Resorts makes more than half of its operating cash flow from its Macau unit, similar to Las Vegas Sands (LVS.N) and its Sands China (1928.HK) unit, both led by Wynn’s rival Sheldon Adelson. (Editing by Doug Young and Jacqueline Wong)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

MorrisAnderson Promotes Dan Dooley to Chief Executive Officer

June 8, 2010 By Leave a Comment

CHICAGO, IL, Jun 07 (MARKET WIRE) —
MorrisAnderson announced today that it has named Dan Dooley as chief
executive officer (CEO), effective immediately. In his new role, Dooley
will be responsible for guiding the financial and operational advisory
firm’s strategic growth, as well as overseeing its nine offices
throughout the country.

Dooley joined MorrisAnderson in 1997 and for the past five years has
managed the firm’s operations as chief operating officer (COO). In this
role, he has successfully increased the firm’s focus on industry
specialization, as well as driven its expansion from 25 professionals and
four offices, to 40 professionals and nine office locations. During his
13-year tenure with MorrisAnderson, Dooley has managed more than 50
projects and held interim CEO and CRO positions in numerous client
engagements. In addition, the automotive industry credits him as a top
negotiator as a result of his work with leading U.S. automakers. He also
has negotiated numerous transactions involving the sale, refinancing and
recapitalization of companies, including the closing of four transactions
in 2010.

“Dan’s dynamic leadership skills and ability to develop our consultants,
as well as his expertise in both the operational and financial advisory
sectors, make him the best possible leader to drive MorrisAnderson’s
continued growth,” said Alan Glazer, former CEO of MorrisAnderson and one
the firm’s three founding partners. “Another outstanding quality of Dan’s
is his ability to cultivate meaningful relationships with our clients,
banks, law firms and investors. I am confident these qualities will
ensure he upholds MorrisAnderson’s tradition of excellence our clients
have come to expect.” Glazer served as CEO of Morris Anderson for the
past five years and will remain with the company full time as a senior
principal and project manager.

“Dan has deep knowledge of many industries — from automotive and
aerospace to construction products and restaurants — and understands the
importance of expanding the firm’s footprint to accommodate distressed
middle-market companies in untraditional industries, such as real estate
and oil and gas,” said Ken Yager, chief marketing officer of
MorrisAnderson. “In doing so, we’ll be well positioned to quickly respond
to and better anticipate the needs of our clients, as well as take
advantage of opportunities in new industries.”

Prior to joining MorrisAnderson in 1997, Dooley served as an executive in
both financial and general management roles at several Fortune 500
manufacturers, including Illinois Tool Works and Allied Signal. He also
founded and operated a niche footwear manufacturer. Dooley is a Certified
Turnaround Professional (CTP), past president of the Chicago Chapter of
the Turnaround Management Association (TMA), a past board member and vice
president of the TMA International and a current committee co-chair for
the American Bankruptcy Institute (ABI). He is a frequent panelist and
author in the areas of distressed businesses and insolvency. Dooley
earned his bachelor’s degree in business administration and his M.B.A. in
finance from the University of Minnesota.

About MorrisAnderson
Now celebrating its 30th anniversary, Chicago-based
MorrisAnderson has offices in New York, Atlanta, Milwaukee, Los Angeles,
Cleveland, St. Louis, Charlotte, N.C. and Minneapolis. The firm’s service
offerings include performance improvement, financial advisory, interim
management, turnarounds, workouts, litigation support and insolvency
services and wind-downs. MorrisAnderson emphasizes hands-on involvement
for companies with $50 million to $500 million in annual sales.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1273593

Contact:
Monica Heckman
Reputation Partners (for MorrisAnderson)
(312) 819-5720
monica@reputationpartners.com

Marjorie Dunn
Manager, Marketing & Communications
MorrisAnderson
(312) 254-0892
mdunn@morrisanderson.com

Copyright 2010, Market Wire, All rights reserved.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Crocodile Gold Declares Commercial Production at Union Reefs Mill June 1, 2010 and Begins Portal Development at Cosmo

June 1, 2010 By Leave a Comment

TORONTO, ONTARIO, May 31 (MARKET WIRE) —
Crocodile Gold Corp. (TSX: CRK)(OTCQX: CROCF)(PINK SHEETS:
CROCF)(FRANKFURT: XGC) (“Crocodile Gold” or the
“Company”) is pleased to announce it has declared commercial
production effective June 1, 2010 at its Union Reefs mill in the Northern
Territory of Australia as target throughput, grades and recoveries are
now being met on a consistent basis (refer to Figure 1 below for location
map). In addition, Crocodile Gold has commenced the portal excavation
ahead of schedule for the new Cosmo underground mine in the Northern
Territory of Australia. Production is expected to begin from the Cosmo
underground mine in mid-2011.

In releasing this information, Crocodile Gold’s Chief Operating Officer,
David Keough, commented, “Declaring commercial production marks a
significant milestone for Crocodile Gold and this could not have been
achieved without the hard work and dedication of our employees and
contractors. We have come a long way since taking control of the assets
in November 2009. We have successfully commissioned the Union Reefs mill,
brought three mines into production and continue to have encouraging
exploration results from our ongoing drill program. Over the coming
months we plan to continue development at the Cosmo and Tom’s Gully
underground mines and expect a steady flow of exploration results. We
remain on track to produce 100,000 ounces of gold in 2010 increasing to
200,000 ounces in 2011.”

“We are also pleased to report that we have reached this milestone
at Cosmo ahead of schedule. This marks the beginning of development on
one of our most exciting gold projects that will be a key contributor to
our planned 2011 production of 200,000 ounces and our production profile
going forward. One of our goals when acquiring the assets in 2009 was to
begin underground development at Cosmo by July 1, 2010 and we have now
accomplished this. We continue to see the significant potential that
exists at the Cosmo/Howley area and continue to find encouraging drill
results.”

Development work at Cosmo is expected to continue until initial
production commences scheduled for mid-2011. Due to its higher grade,
production from Cosmo is expected to assist in lowering the Company’s
overall operating costs.

About Crocodile Gold

Crocodile Gold is a Canadian company with the Howley and North Point open
pit mines and the Brocks Creek underground mine in the Northern Territory
of Australia. Crocodile Gold announced its first gold pour in December
2009 at its Union Reefs mill, started development work at the Tom’s Gully
underground mine for expected production in Q4 2010 and has commenced
underground development at Cosmo with full production expected by
mid-2011. Crocodile Gold has two mills, including the 2.4 mtpy Union
Reefs mill and the 240,000 tpy Tom’s Gully mill. Crocodile Gold has 3.09
million ounces of NI 43-101 compliant measured and indicated resources
(42.9 million tonnes at an average grade of 2.3 g/t gold) and 1.94
million ounces of inferred resources (26.7 million tonnes at an average
grade of 2.3 g/t gold) (see Annual Information Form dated March 31, 2010
and Crocodile Gold press releases dated September 8, 2009 and January 25,
2010). The Company has an aggressive exploration program in place and is
drilling on several key properties on its land package of over 2,500km2.

Qualified Person

Alfred John Gillman of Odessa Resources Pty Ltd and Heath Gerritsen of
Crocodile Gold are each a “qualified person” as such term is
defined in National Instrument 43-101 and has reviewed and confirmed the
technical information and data included in this press release.

Cautionary Note

Certain information set forth in this press release contains
“forward-looking statements”, and “forward-looking
information under applicable securities laws. Except for statements of
historical fact, certain information contained herein constitutes
forward-looking statements which include management’s assessment of
Crocodile Gold’s future plans, operations and mineral resource estimates
and are based on Crocodile Gold’s current internal expectations,
estimates, projections, assumptions and beliefs, which may prove to be
incorrect. Some of the forward-looking statements may be identified by
words such as “expects” “anticipates”,
“believes”, “projects”, “plans”, and
similar expressions. These statements are not guarantees of future
performance and undue reliance should not be placed on them. Such
forward-looking statements necessarily involve known and unknown risks
and uncertainties, which may cause Crocodile Gold’s actual performance
and financial results in future periods to differ materially from any
projections of future performance or results expressed or implied by such
forward-looking statements. These risks and uncertainties include, but
are not limited to: liabilities inherent in mine development and
production; geological, mining and processing technical problems;
Crocodile Gold’s inability to obtain required mine licenses, mine permits
and regulatory approvals required in connection with mining and mineral
processing operations; competition for, among other things, capital,
acquisitions of reserves, undeveloped lands and skilled personnel;
incorrect assessments of the value of acquisitions; changes in commodity
prices and exchange rates; currency and interest rate fluctuations;
various events which could disrupt operations and/or the transportation
of mineral products, including labour stoppages and severe weather
conditions; the demand for and availability of rail, port and other
transportation services; the ability to secure adequate financing and
management’s ability to anticipate and manage the foregoing factors and
risks. There can be no assurance that forward-looking statements will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Crocodile Gold
undertakes no obligation to update forward-looking statements if
circumstances or management’s estimates or opinions should change except
as required by applicable securities laws. The reader is cautioned not to
place undue reliance on forward-looking statements.

To view Figure 1: Crocodile Gold Northern Territory Location Map, please
visit the following link:

http://media3.marketwire.com/docs/crk0531_fig_1.pdf

Contacts:
Crocodile Gold Corp.
Michael Hoffman
President and CEO
416-861-2964

Crocodile Gold Corp.
Ashleigh Clelland
Manager, Investor Relations
416-861-5899
info@crocgold.com
www.crocgold.com

Copyright 2010, Market Wire, All rights reserved.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

BP: Appears only drilling mud flowing from well

May 27, 2010 By Leave a Comment

BP Plc Chief Operating Officer Doug Suttles said on Wednesday it appears drilling mud, not oil, was gushing from a ruptured undersea well six hours into an effort to halt a growing oil spill.

“What you’ve been observing coming out of the top of that riser is most likely mud,” Suttles said at a news conference broadcast from a Louisiana command center. “We can’t fully confirm that because we can’t sample it. And the way we know we’ve been successful is it stops flowing.”

Residents along the Gulf Coast have been watching video of the leaking well since the “top kill” began about 1 p.m. CDT (1800 GMT). The effort involves pumping tons of drilling mud down the well bore to overcome the oil and gas flowing out.

Suttles and U.S. Coast Guard Admiral Mary Landry said they were cautiously optimistic about the effort to stop the leak that began with a drilling rig explosion April 20. The leak threatens the ecology of the U.S. Gulf of Mexico and the economies of four U.S. states.

“We’ve all been here a long time and been trying a lot of things and ridden a roller coaster,” Suttles told reporters in Robert, Louisiana, and listening over the phone and Internet. “I think we just need to take the next 24 hours and see what the results are.”

The goal is to halt the flow of oil long enough so cement can be pumped in to shut it off.

The mud, a substance specially created for the oil drilling industry and used in all wells drilled, weighs twice as much as water and is being pumped in by 30,000 horsepower compressors.

“Ultimately, what we need to see is that the well can’t flow to surface,” Suttles said. “That will be the way we know it’s successful.”

The mile-deep underwater gusher began flowing after the Deepwater Horizon drilling rig exploded on April 20, claiming the live of 11 workers.

(Reporting by Bruce Nichols and Erwin Seba; Editing by Stacey Joyce)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,
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